[exim] delay_warning and delay_warning_condition

Version 4.80.1

We have configured delay_warning.
delay_warning_condition is the default.

We are not receiving a warning that a message has not been delivered after 1h.

The delay_warning_condition must be wrong.

root@int [/]# exim -bP | grep delay_warning
delay_warning = 1h:4h:1d
delay_warning_condition = ${if or {{ !eq{$h_list-id:$h_list-post:$h_list-subscribe:}{} }{ match{$h_precedence:}{(?i)bulk|list|junk} }{ match{$h_auto-submitted:}{(?i)auto-generated|auto-replied} }} {no}{yes}}

Here is the exim_mainlog:

+++ 1Vp0G4-0005Vz-TB has not completed +++
2013-12-06 12:36:13 1Vp0G4-0005Vz-TB <= admin@??? U=txadmin P=local S=558 T="testing email" for admin@???
2013-12-06 12:37:16 1Vp0G4-0005Vz-TB receiving.com [255.255.255.255] Connection timed out
2013-12-06 12:37:16 1Vp0G4-0005Vz-TB == admin@??? R=lookuphost T=remote_smtp defer (110): Connection timed out
2013-12-06 13:34:35 1Vp0G4-0005Vz-TB receiving.com [255.255.255.255] Connection timed out
2013-12-06 13:34:35 1Vp0G4-0005Vz-TB == admin@??? R=lookuphost T=remote_smtp defer (110): Connection timed out

Could you help with modifying the delay_warning_condition for a message such as
the above?

Thanks in advance,
Anne